Comment by koliber

When a company “fails” it does not disappear in a puff of smoke. It goes into bankruptcy and is sold in parts. Some of those parts are perfectly functioning divisions which will continue to function but they will be owned by someone else.

I would rather have Intel go bankrupt, sell profitable pieces to private buyers, and if there are any pieces that are not profitable but crucial to national interests, create a company out of them and have the government buy them. This way you are not propping up a dysfunctional behemoth.

Things must die in order for new better things to take their place. This applies to companies as well.